RHEMS VOLUNTEER FIRE DEPARTMENT INC (EIN 591721250) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Phone

2526388397

Tax Period

2023-07-01 to 2024-06-30

RHEMS VOLUNTEER FIRE DEPARTMENT INC, founded in 1965, is a small nonprofit in the Public Safety sector that reported $247K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $215K left a modest 13% surplus.

Mission

TO PROVIDE FIRE AND FIRST RESPONDER PROTECTION FOR THE RHEMS AREA, INCLUDING APPROXIMATELY 3500 FAMILIES AND 6000 PEOPLE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,366

Program Service Revenue $217,010

Investment Income $7,506

Other Revenue $8,043

TOTAL REVENUE $246,925

Expense Breakdown

Grants Paid $8,291

Salaries & Benefits $2,784

Fundraising Expenses $0

Program Expenses $209,427

Other Expenses $203,942

TOTAL EXPENSES $215,017

Year-over-Year Comparison

	2023	2022	Change
Revenue	$246,925	$276,517	-0.1%
Expenses	$215,017	$254,714	-0.2%
Net Income	$31,908	$21,803	+0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALDEN HARRIS JR	President	2.00	Officer Director	$0	$0	$0
AARON MCLAWHORN	Director	1.00	Director	$0	$0	$0
MARK DAIL	Treasurer	3.00	Officer Director	$0	$0	$0
KEITH CHERRY	Vice President	2.00	Officer Director	$0	$0	$0
RON POUND	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$246,925	$215,017	$1,211,412	$31,908
2023	$276,517	$254,714	$1,177,235	$21,803
2022	$223,678	$197,846	$1,200,736	$25,832
2021	$231,270	$222,585	$1,227,497	$8,685
2020	$280,658	$215,002	$1,269,538	$65,656
2019	$230,324	$174,616	$1,078,638	$55,708

RHEMS VOLUNTEER FIRE DEPARTMENT INC